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McDonald's Once Owned 90% Of Chipotle: Why It Sold Stake Too Early, Missed $73 Billion Opportunity
Wednesday, October 23, 2024 - 11:11am | 950Fast-food giant McDonald's Corporation (NYSE:MCD) is one of the most valuable restaurant companies in the world, valued at more than $225 billion and consistently putting out quarterly results with billions of dollars in revenue. It turns out that the company could have been even more valuable if...
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Much Wow: Dogecoin Could Be A Good Boy At Supermarkets With Coinstar ATM Deal
Friday, August 26, 2022 - 5:24pm | 990Several popular cryptocurrencies are being added to more ATMs around the country. Here are the details about these cryptocurrencies and where to find them. What Happened: More than 10,000 ATMs across the U.S. will allow users to purchase cryptocurrency with cash via crypto...
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Fintech Focus For August 16, 2021
Sunday, August 15, 2021 - 1:12pm | 2685Quote To Start The Day: “The way that I manage risk has changed materially. I try as often as I can to think about multi-decade holding periods for the things that we own. In the moment, it is hard, but then you figure out guardrails to stay in an infinite mindset. If I’m thinking over...
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Apollo's 2016 M&A Frenzy Continues
Tuesday, September 20, 2016 - 2:48pm | 377Apollo Global Management LLC (NYSE: APO)’s 2016 shopping spree is reportedly still going strong. On Monday, Reuters reported that Apollo is in talks to acquire assets from struggling hospital operator Community Health Systems (NYSE: CYH). Community Health Systems currently has a market cap of...
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Why Is Apollo Global Going On A 2016 Shopping Spree?
Tuesday, July 26, 2016 - 11:37am | 442This week, Apollo Global Management LLC (NYSE: APO) announced yet another major 2016 buyout, acquiring Coinstar and Redbox operator Outerwall Inc (NASDAQ: OUTR) for $1.6 billion. Apollo announced plans to take the company private. Outerwall is the fifth public company Apollo has bought in 2016,...
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Outerwall Shares Surge Amid Doubled Dividend, Strategic Alternatives Exploration
Monday, March 14, 2016 - 5:43pm | 359Shares of Outerwall Inc (NASDAQ: OUTR) are being bid up some 9 percent in Monday's after-hours trading session following news for investors the company has begun the process of exploring strategic and financial alternatives. Although the Outerwall press release disclosing the news did not...
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Outerwall Gains 7% As Activist Investor Discloses 14% Stake
Monday, February 8, 2016 - 2:03pm | 149Shares of Outerwall Inc (NASDAQ: OUTR), a provider of automated retail solutions such as The Redbox and Coinstar, surged higher by more than 7 percent on Monday after Engaged Capital, an activist investor, disclosed a 14.1 percent stake in the company. Engaged Capital commented in its...
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Netflix Earnings Preview: Eyes On Subscriber Growth
Sunday, October 20, 2013 - 12:14pm | 803Netflix (NASDAQ: NFLX), which just announced a deal with Sony (NYSE: SNE) to produce more original programming, is scheduled to report its third-quarter 2013 results Monday, October 21, after the end of the trading session. Investors will be looking for continued strong subscriber growth and...
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Netflix Earnings Preview: Strong Results Expected in the Wake of Emmy Nods
Saturday, July 20, 2013 - 12:08pm | 812Netflix (NASDAQ: NFLX), which garnered 14 Emmy nominations last week for its original programming, is scheduled to report its second-quarter 2013 results Monday, July 22, after the end of the trading session. Investors will be looking to see whether the success of "Arrested Development" and "...
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Redbox Wants Your Tweets and Credit Cards to See 'The Hobbit' for Free
Monday, May 20, 2013 - 2:08pm | 691Last December, Time Warner (NYSE: TWX) released The Hobbit: An Unexpected Journey to cinemas all over the world. The Peter Jackson-directed epic was the start of a new trilogy for Warner Bros., which will continue this Christmas with The Hobbit: The Desolation of Smaug and conclude in 2014 with...
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Netflix Earnings Preview: Another Profitable Quarter Expected
Saturday, April 20, 2013 - 1:31pm | 730Netflix (NASDAQ: NFLX), which has been one of the top performing S&P 500 members so far this year, is scheduled to report its first-quarter 2013 results Monday, April 22, after the markets close. Investors will be looking to see whether subscriber growth and international expansion will...
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What's Next for Groupon?
Monday, March 4, 2013 - 3:18pm | 491Fired Groupon (NASDAQ: GRPN) CEO and co-founder, Andrew Mason has been replaced by Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonsisa, who will serve as co-CEOs, pending a search for a permanent replacement. Now the serious work of picking a successor begins, but it’s not the only...
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Earnings Expectations for the Week of February 4
Sunday, February 3, 2013 - 5:13pm | 1026The S&P ended last week above 1,500 and the Dow Jones Industrial Average above 14,000. Some strong earnings reports could push the markets higher, and there are plenty of quarterly reports on the schedule this week. Analysts by and large expect to see year-over-year earnings per share (EPS)...
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Netflix Earnings Preview: Quarterly Net Loss to Take Bite out of Full-Year Profit
Tuesday, January 22, 2013 - 12:02pm | 695Netflix (NASDAQ: NFLX), which recently set content deals with Walt Disney (NYSE: DIS) and Time Warner (NYSE: TWX), is scheduled to report its fourth-quarter and full-year results Wednesday, January 23 after market close. Investors will be looking to see whether previously sluggish subscriber...
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Redbox Instant Beta Launches with Glitches, Lackluster Selection
Wednesday, January 9, 2013 - 12:30pm | 646The world's most anticipated streaming video service began its beta rollout recently, providing an unknown number of customers with the chance to stream films from Redbox Instant for free. Created by Verizon (NYSE: VZ) and Redbox owner Coinstar (NASDAQ: CSTR), Redbox Instant provides subscribers...